A white paper unpacks aspects of the new law that will affect a wide range of retirement, benefits and payroll professionals.
Today, just 8.8% of “mega plans” with assets greater than $1 billion utilize a fully bundled structure.
Toni Brown, senior vice president, Retirement Strategy, Capital Group, says a plan sponsor with a clearly defined objective for its defined contribution (DC) plan will be better positioned to make all subsequent decisions.
WEX Health and dailyVest form collaboration for HSA consumers, and FIA promotes consultants and analysts within the firm.
INSIDE THE MAGAZINE PLANSPONSOR November/December 2017
Plan sponsors cite a number of reasons for being unlikely to offer an annuity-type product in the near term; top reasons include the belief that it is unnecessary or not a priority, and being uncomfortable or unclear about the fiduciary implications.
Part of the very light trading activity can be explained by the prevalence of target-date funds, the largest asset class in the Alight Solutions 401(k) index.
“We’re not suggesting things that take a lot of expense—the strategy uses existing tools plan sponsors have as well as existing capabilities of providers,” Steve Vernon, a research scholar at the Stanford Center on Longevity, tells PLANSPONSOR.
American Century releases first ETFs, and Putnam reveals two ESG fund offerings.
A federal judge had dismissed claims related to one of the university’s plans, but a new complaint, and a new plaintiff, bring back those claims.
A significant number of retirees and pre-retirees report that they feel unprepared to navigate financial shocks and unexpected expenses, according to a survey from the Society of Actuaries.
In a followup interview with Jack Cohen, Association of BellTel Retirees chairman, he says his association and others warned the PBGC that risk transfers would harm the insurance system.
One-third (34%) of Millennials say they plan to save $200,000 or less to be comfortable in retirement, according to a survey by Aperion Care.
While research suggests the funded status of state and local pension plans is inching closer to that of state pension plans, data shows their funded status is still low.